We would like to show you a description here but the site won’t allow 24crypto.de more. -TOP author on TradingView + years experience in markets -Professional chart break downs -Supply/Demand Zones -TD9 counts / combo review -Key S/R levels -No junk on my charts -Frequent updates -Covering FX/crypto/US stocks /7 uptime so constant updates NANOUSD D1: BEST level BUY/HOLD for % gains. Earlier this morning at EDT, KRAKEN:XMRXBT bounced off of a flat support line at around XBT driven by a quick reduction in the bitcoin/fiat exchange rate. While the exchange rate of bitcoin to fiat is declining presently, the upcoming halving is still around eight days away (as of this current moment).
Tradingview kraken btc usdLTC Playing Catch Up With BTC for KRAKEN:LTCUSD by phum — TradingView
Since Bitcoin formed this significant bull-trap yesterday after moving above the level and pulling back to previous zones with an emerging impulse it is forming an interesting formation now that will be the determining source within the upcoming times, This is a quick short-term update on Bitcoin. The price is close to the 4H MA50 and so far it has held three times on respective Higher Lows attempts.
This is causing BTC to consolidate within a Triangle. Triangle's are common within the dominant medium-term pattern, which since late October is a Bullish Megaphone and I have analyzed this extensively numerous In this scenario, Bitcoin may have topped for the year.
What do yall think? Let me know how likely it is for Bitcoin to hit this kind of price action Happy Holidays!!! Hello everyone In my previous analysis even though I am bearish in bigger picture.. However in 1 hour time frame we could have a breakout that could lead to a new high Price stuck inside a triangle..
Price broken triangle but need to close above green line and same time Green line need to hold as support.. However XRP should stop dumping hard now, the news made it through the whole world, everybody who had to panic panicked already. Technically we are seeing a diamond on BTC which is a bearish Yesterday BTC aims towards local support orange line. See chart. Pattern: Channel Up on 1D. Signal: Buy as the price is testing the Higher Low trend-line of the Channel, following a Death Cross, being on the 0.
Target: 4. I have posted this chart before. The channel has held, the move to the upside is now happening. It seems the more magnets I put on, the better. So I really piled them on this time for some extra upwards movement.
Looks like it is sitting on the bottom of the channel. A few days ago i posted this chart: Tezos shows a very scare picture here. My guess parabolic already broke and just retested, so could mean a big dump coming week or so. The only way they can prevent a big drop, is going sideways above like 2.
Yap, it is pampin again Enjoy the ride. Hello guys We returned In here , we have a triangle and we expect that the price want to going up but we think its not happen because its near to the tip of the triangle I take short position after react to the trendline Dont forget stop loss Good luck Abtin. DOT has broken out nicely from the descending downtrend. It is now headed to approx. Good Daily and Weekly candle indicating reversal at least for short-term days.
Looking like the Primary Wave 1 has completed with an expanding diagonal, and in the motion of Wave 2 here. Bearish Divergence playing out I was looking at Tezos a bit more bullishly, until I zoomed out. Not taking a position at this time. The strength of Bitcoin looks to have topped off here. Feel like we will get 1 more leg down to test lower descending RSI Trendline, and from there we can look for the next bullish move. Strength looks to be tapped here and potentially going to start a decline in Chainlink.
From my wave count, this would put us into the intermediate Wave C, then completing the primary Wave 2 of one higher degree. Do your own research There is always a possibility of it breaking the resistance trend line and going up to 14k!!